The founders are claiming not looking to make money on this so they claim: A non-profit gambling product. MY ASS! I have worked in the gambling industry, and one thing I have learnt is that this industry is full of greedy people. I was going to invest, but this raises major red flags for me. I would have happily invested if the owners would take a small cut on every transaction. I'm not sure what the end game is of these people, but there is one and they are hiding it from us.

The non profit is for legal issues. I think that your concern is likely based on misperception.

Outside of the $4 million from private contributions, about 320 BTC have thus far been raised.

The ICO may currently be a bit quiet but the tech is anything but...

Also, the price between different stages is very different. For angel investors, the price is about 2 dollars (and further they will get more tokens freely if they hold the UIA).For private contributions, the price is 4dollars (1mil tokens for 4mil dollars).For us (public), the price is at least 5dollars. So .... you know.

Every past token is a UIA lol

I was very excited about this ICO, was plan to buy big but decide to research and read the whole thread for few hours to finish. But lol, this is quite MISLEADING for new buyers. They think the past ico was sold for 2 and 3 dollars and now its only 5$. So its possible to buy. But in reality the price already pumped up to 41 dollar when their OWN exchange halted. I think they had it all planned to pumped to price up before freeze the exchange so they can profit from the 2nd ico for the public. If you read the whole thread people were suprise the price went to $41 and right after it get freeze. Someone bought over 60 btc at the end. Dont you guys think one of the members could just pump the price up before freezing and strike millions with 2nd ICO?

Yes thats possible. All the 1 million token are increase 10x. So there will be 10million tokens. But they say maximum 9million. I wonder where the 1 million tokens went since the tokens increase 10x

So previous price of 1 token on the exchange was $41Since its all User-Issued Assets (UIA) the whole 1million token its change 10x to 10million, so the price will be in reality 1 token will be 10 new tokens, each of $4.10 but i guess they upgrade it to $5 they need to make money from the end pump at least.I meant, which idiot will buy 60 btc when the btc price was $600 and not complain here why the exchange is freezing. He bought 3k coins means with the 2nd ICO he will have 30k new coins.

So conclusion: YOU DONT BUY FOR $5 per token but in reality $50 per token

you spent `hours` doing research yet you didnt read the peerplays bulletin? Your ramblings make little sense, here let me clear a few things up for you:

the part where it says in plain english - 200,000 uai`s were sold in presale. UAI holders got the choice to sell their tokens for $48 or whatever or get 10x PPY tokens (10x200,000 is 2 million showing in the `seed crowdfund` distribution table) I dunno where ur getting 10x10 million from, you clearly do not understand what you`re blabbering about

So i dont really get what you`re complaining about, Im sure if you prefer to pay $48 instead of $5 it could be arranged?

I see a huge problem. For the new investors they dont know the token is already increase 25x the first round of ICO. Its a huge risk to get dumped on. Founders should update it on the first page here so new investors are aware they change there token supply from 1mil to 6 or 9 mil. Its misleading, I though i could buy for 5$ seems a good price. Only 2.5x the pre sale. Seems reasonable but if you know the price is already 25x of there pre sale its too risky.

Seems a good project but shady to freeze the price at peak without announcing. If they announce before the freeze price it will never stay at $41. So i think its a inside trade to push the price up before freezing and let newcomers buy on peaks.

In here we have given great detail of all distributions including the UIA 10:1 allotment which is being claimed above as being unknown.

In regards to "shady to freeze the price at peak without announcing".. I completely agree that is seriously shady. Good thing we gave everyone two weeks notice prior to closing the markets in order for them to buy/sell/hold as they saw fit:

The only market that was open was Bitshares DEX, the most transparent market in the world that operates on a decentralized blockchain. We had no involvement in the trading that took place. It's all public and on the blockchain, so anybody can certainly check into it.

I could go on, but I trust everyone can judge for themselves at this point.

So for all the newcomers, you are welcome to check into the facts of the matter rather that this. Join our Telegram group @Peerplays and ask questions.

Ok, I apologize for not researching 100% about the exchange freeze. About buying in the end of the freeze we can't proof its inside or not.

But I still stand 1:10 is misleading for new investors. But I hope I cleared up some knowledge for new investors at least.

This my last post here and I apologizing for the fud. Good luck with the project

Once again the persistence of false narrative is showcased in this final post.

All I can do is repeat once again what was already stated in the same transparent and very detailed and clear language we have illustrated throughout this project since it started:

Everyone should study this for themselves. The document is significant. Many professionals and legal counsel contributed to this document and it passed through many layers of approval before it was made public. We take communication very seriously and went to great lengths to provide more transparency than what is the defacto. So to say we have been 'misleading' in any way is a stark mischaracterization of the facts and our clearly demonstrated intentions over the span of nearly a year.

Join us in @Peerplays Telegram Group.. feel free to ask questions.

Is there anything to justify this jump in price though? Investors invested 1BTC in pre ico will have a lot of incentive to dump for immideate 25x gains... so better buy after the ICO ?

Today 9th May (4 days to go to the end of the Tier) we are only at 65.83% of the first tier.If this ICO is honest, I think it is safe to assume that it will almost surely not reach the desired 5mil$.

So, what happens exactly if not all tiers are completed?

Possibility 1: Out of the 950.000 tokens distributed in this ICO, those that are not bought are burned.

Possibility 2: All 950.000 tokes are distributed anyway to those who participated to the ICO (effectively reducing the price of 5$/token).For example, if only the first tier is completed (5$/token for a total of 200.000 tokes), then all 950.000 tokesare distributed to those who participated (proportionally), basically giving away the 950.000 tokes at about 1.25%.

I like the project, but this ICO is very poorly advertized and promoted on the web.I'd like also to mention that:1) the reddit page is almost dead.2) the webchat "https://peerplays.chat/" does not allow me to register ('wrong domain' error?)3) this thread had very few questions and activity.

this seems a bit suspicious assuming that Peerplays aims at promoting a new gambling platform (and has alreadyaccumulated significant money from previous pre-ICOs).

Please provide some explanations, I'm very interested and I'm still considering investing on this project.

I see a huge problem. For the new investors they dont know the token is already increase 25x the first round of ICO. Its a huge risk to get dumped on. Founders should update it on the first page here so new investors are aware they change there token supply from 1mil to 6 or 9 mil. Its misleading, I though i could buy for 5$ seems a good price. Only 2.5x the pre sale. Seems reasonable but if you know the price is already 25x of there pre sale its too risky.

Seems a good project but shady to freeze the price at peak without announcing. If they announce before the freeze price it will never stay at $41. So i think its a inside trade to push the price up before freezing and let newcomers buy on peaks.

In here we have given great detail of all distributions including the UIA 10:1 allotment which is being claimed above as being unknown.

In regards to "shady to freeze the price at peak without announcing".. I completely agree that is seriously shady. Good thing we gave everyone two weeks notice prior to closing the markets in order for them to buy/sell/hold as they saw fit:

The only market that was open was Bitshares DEX, the most transparent market in the world that operates on a decentralized blockchain. We had no involvement in the trading that took place. It's all public and on the blockchain, so anybody can certainly check into it.

I could go on, but I trust everyone can judge for themselves at this point.

So for all the newcomers, you are welcome to check into the facts of the matter rather that this. Join our Telegram group @Peerplays and ask questions.

Ok, I apologize for not researching 100% about the exchange freeze. About buying in the end of the freeze we can't proof its inside or not.

But I still stand 1:10 is misleading for new investors. But I hope I cleared up some knowledge for new investors at least.

This my last post here and I apologizing for the fud. Good luck with the project

Once again the persistence of false narrative is showcased in this final post.

All I can do is repeat once again what was already stated in the same transparent and very detailed and clear language we have illustrated throughout this project since it started:

Everyone should study this for themselves. The document is significant. Many professionals and legal counsel contributed to this document and it passed through many layers of approval before it was made public. We take communication very seriously and went to great lengths to provide more transparency than what is the defacto. So to say we have been 'misleading' in any way is a stark mischaracterization of the facts and our clearly demonstrated intentions over the span of nearly a year.

Join us in @Peerplays Telegram Group.. feel free to ask questions.

Is there anything to justify this jump in price though? Investors invested 1BTC in pre ico will have a lot of incentive to dump for immideate 25x gains... so better buy after the ICO ?

Relatively obvious that $5 per coin now is pretty damn high compared to previous ICO and market prices. It's also concerning to me personally that there seems to be a mix of incorporation types, the exceptionally clear 'donation' language etc. Just can't figure out why anyone would construct an ICO in such a convoluted way.

That said, I have only skimmed the news and terms so hell who knows. Caveat Emptor as always.

I see a huge problem. For the new investors they dont know the token is already increase 25x the first round of ICO. Its a huge risk to get dumped on. Founders should update it on the first page here so new investors are aware they change there token supply from 1mil to 6 or 9 mil. Its misleading, I though i could buy for 5$ seems a good price. Only 2.5x the pre sale. Seems reasonable but if you know the price is already 25x of there pre sale its too risky.

Seems a good project but shady to freeze the price at peak without announcing. If they announce before the freeze price it will never stay at $41. So i think its a inside trade to push the price up before freezing and let newcomers buy on peaks.

In here we have given great detail of all distributions including the UIA 10:1 allotment which is being claimed above as being unknown.

In regards to "shady to freeze the price at peak without announcing".. I completely agree that is seriously shady. Good thing we gave everyone two weeks notice prior to closing the markets in order for them to buy/sell/hold as they saw fit:

The only market that was open was Bitshares DEX, the most transparent market in the world that operates on a decentralized blockchain. We had no involvement in the trading that took place. It's all public and on the blockchain, so anybody can certainly check into it.

I could go on, but I trust everyone can judge for themselves at this point.

So for all the newcomers, you are welcome to check into the facts of the matter rather that this. Join our Telegram group @Peerplays and ask questions.

Ok, I apologize for not researching 100% about the exchange freeze. About buying in the end of the freeze we can't proof its inside or not.

But I still stand 1:10 is misleading for new investors. But I hope I cleared up some knowledge for new investors at least.

This my last post here and I apologizing for the fud. Good luck with the project

Once again the persistence of false narrative is showcased in this final post.

All I can do is repeat once again what was already stated in the same transparent and very detailed and clear language we have illustrated throughout this project since it started:

Everyone should study this for themselves. The document is significant. Many professionals and legal counsel contributed to this document and it passed through many layers of approval before it was made public. We take communication very seriously and went to great lengths to provide more transparency than what is the defacto. So to say we have been 'misleading' in any way is a stark mischaracterization of the facts and our clearly demonstrated intentions over the span of nearly a year.

Join us in @Peerplays Telegram Group.. feel free to ask questions.

Is there anything to justify this jump in price though? Investors invested 1BTC in pre ico will have a lot of incentive to dump for immideate 25x gains... so better buy after the ICO ?

Well.. some facts: We closed last time at a $42m market cap.. today we are coming out at $30m market cap.. so there is room to grow.. this was at a time when a $42m market cap had us in the TOP 10 of CMC.. we were #9. Today that same spot is occupied by a project that at the same time we were valued at $42m was valued at $18m.. and is now sitting at $347m... its all speculation at this stage.. its amazing whats going on though.

The blockchain is launching.. with or without you. Our presale had people saying these exact same things at $2 to $3 when we had nothing but a whitepaper to show. Today we have a team of 25 developers worldwide, proven ability to deliver on our milestones... and a working technology and already have raised nearly $5 million.

These attempts to misdirect on price have increasingly seemed more like an attempt to shake us down to lower it in some fashion when we have in fact already come in at a discount. ICO dumpers just cant see it.. and really who wants them in a starting blockchain?

Today 9th May (4 days to go to the end of the Tier) we are only at 65.83% of the first tier.If this ICO is honest, I think it is safe to assume that it will almost surely not reach the desired 5mil$.

So, what happens exactly if not all tiers are completed?

Possibility 1: Out of the 950.000 tokens distributed in this ICO, those that are not bought are burned.

Possibility 2: All 950.000 tokes are distributed anyway to those who participated to the ICO (effectively reducing the price of 5$/token).For example, if only the first tier is completed (5$/token for a total of 200.000 tokes), then all 950.000 tokesare distributed to those who participated (proportionally), basically giving away the 950.000 tokes at about 1.25%.

I like the project, but this ICO is very poorly advertized and promoted on the web.I'd like also to mention that:1) the reddit page is almost dead.2) the webchat "https://peerplays.chat/" does not allow me to register ('wrong domain' error?)3) this thread had very few questions and activity.

this seems a bit suspicious assuming that Peerplays aims at promoting a new gambling platform (and has alreadyaccumulated significant money from previous pre-ICOs).

Please provide some explanations, I'm very interested and I'm still considering investing on this project.

I appreciate the attempt at analysis of some kind.. but so many of these questions have already been answered many times over in many places. We also are available online to answer questions all the time. All you have to do is ask. Regardless, lets answer some of the questions here:

Possibility 1: Out of the 950.000 tokens distributed in this ICO, those that are not bought are burned.

Possibility 2: All 950.000 tokes are distributed anyway to those who participated to the ICO (effectively reducing the price of 5$/token).For example, if only the first tier is completed (5$/token for a total of 200.000 tokes), then all 950.000 tokesare distributed to those who participated (proportionally), basically giving away the 950.000 tokes at about 1.25%.

Asked time and again... and we have said time and again the remaining tokens simply will be unminted.

I like the project, but this ICO is very poorly advertized and promoted on the web.I'd like also to mention that:1) the reddit page is almost dead.2) the webchat "https://peerplays.chat/" does not allow me to register ('wrong domain' error?)3) this thread had very few questions and activity.

this seems a bit suspicious assuming that Peerplays aims at promoting a new gambling platform (and has alreadyaccumulated significant money from previous pre-ICOs).

Please provide some explanations, I'm very interested and I'm still considering investing on this project.

I looked for a question but saw none. Just observations of anything that could be cast in a negative light. Regardless of a reddit channel we never gained traction in, or a few chat channels that you had some trouble with or don't have a lot of activity in because there is more activity elsewhere, or a bitcointalk thread that we paid little attention too because we were engaged directly with people asking us questions... we have a working profit sharing gaming platform blockchain which launches in just over two weeks with or without some people.

If you're interest is in this bitcointalk thread you can go back to the beginnings where people couldn't understand how their $2-$3 'priced too high' presale tokens started trading at $10 then $20 then $30 nd ending at $42 each in less than six months. How we skyrocketed to #9 in Coinmarketcap in the end.

I highly recommend once again for anybody who wants the facts and want to really know what is going on to simply sign up on Telegram @Peerplays.. we have an awesome community forming and now have as of writing this 244 members.

The whitepaper is too general and vague IMHO. But most importantly, why there is no new code on Github since last summer?

There was a reason for that. We knew we had a long lead time.. and what we were releasing was quickly being copied and made it's way into several other projects whitepapers who have gone on to launch their own ICOs off our materials. So with that we felt it best to keep things to be released closer to when they are actually released lest a first mover advantage or confusion over who made what first happens.

That code that is public is of course public.. and demonstrates our capability to execute on what we are doing.

I understand some people itching to dig into the guts of this for their own curiosity, but sadly there are others in the world who dig for other reasons.

The global online sports betting and gaming market is continuing to boom.The growth of the entire online sector has been more than impressive: In 2010, the global revenues of online gaming and betting amounted to about USD 30.3bn.By the end of 2018, the market could nearly double in size to USD 59.1bn.

According to reliable forecasts, the market is expected to grow by a compound annual growth rate of 10.6% between 2015 and 2018.

The global online gambling and betting market is expected to reach US$96.89 bn by the end of 2024. The market is projected to expand at a CAGR of 10.8% from 2016 to 2024. By the end of 2016, the global online gambling and betting market is expected to reach US$42.63 bn.